$XRP
🚨Technical Setup Signals Bearish Pressure🚨
Technically, XRP is at a key support level around $3.00. Nonetheless, the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators are indicating a decelerating momentum.
The RSI continues to drop from overbought, and at 55, it indicates diminishing buying strength. The MACD line also just crossed beneath its signal line on the daily chart, a sign generally taken as a sell sign. If the price of XRP falls below the $3.00 support, further losses to the 50-day EMA at $2.66 or even the 100-day EMA at $2.48 are likely to ensue.